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Renasant Corporation (Parent Company Only) Condensed Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract] |
Balance Sheets | Balance Sheets
| December 31,
| 2018 |  | 2017
Assets |  |  |
Cash and cash equivalents(1) | $ | 44,581 |  |  | $ | 81,839 |
Investments | 1,662 |  |  | 2,734 |
Loans, net | 640 |  |  | — |
Investment in bank subsidiary(2) | 2,236,932 |  |  | 1,618,993 |
Accrued interest receivable on bank balances(2) | 6 |  |  | 6 |
Intercompany receivable(2) | 1,618 |  |  | 4,210 |
Other assets | 18,574 |  |  | 10,839 |
Total assets | $ | 2,304,013 |  |  | $ | 1,718,621 |
Liabilities and shareholders’ equity |  |  |
Junior subordinated debentures | $ | 109,636 |  |  | $ | 85,881 |
Subordinated notes | 147,239 |  |  | 114,074 |
Other liabilities | 3,225 |  |  | 3,683 |
Shareholders’ equity | 2,043,913 |  |  | 1,514,983 |
Total liabilities and shareholders’ equity | $ | 2,304,013 |  |  | $ | 1,718,621 |
(1) | Eliminates in consolidation, with the exception of $3,737 and $3,643, in 2018 and 2017, respectively, pledged for collateral and held at non-subsidiary bank
(2) | Eliminates in consolidation
Statements of Income | Statements of Income
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
Income |  |  |  |  |
Dividends from bank subsidiary(1) | $ | 53,381 |  |  | $ | 34,416 |  |  | $ | 29,733 |
Interest income from bank subsidiary(1) | 8 |  |  | 8 |  |  | 8 |
Other dividends | 137 |  |  | 94 |  |  | 469 |
Other income | 121 |  |  | 588 |  |  | 1,275 |
Total income | 53,647 |  |  | 35,106 |  |  | 31,485 |
Expenses | 13,869 |  |  | 12,649 |  |  | 9,036 |
Income before income tax benefit and equity in undistributed net income of bank subsidiary | 39,778 |  |  | 22,457 |  |  | 22,449 |
Income tax benefit | (3,523 | ) |  | (3,761 | ) |  | (2,890 | )
Equity in undistributed net income of bank subsidiary(1) | 103,619 |  |  | 65,970 |  |  | 65,591 |
Net income | $ | 146,920 |  |  | $ | 92,188 |  |  | $ | 90,930 |
(1) | Eliminates in consolidation
Statements of Cash Flows | Statements of Cash Flows
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
Operating activities |  |  |  |  |
Net income | $ | 146,920 |  |  | $ | 92,188 |  |  | $ | 90,930 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |
Gain on sale of securities | — |  |  | — |  |  | (1,186 | )
Equity in undistributed net income of bank subsidiary | (103,619 | ) |  | (65,970 | ) |  | (65,591 | )
Amortization/depreciation/accretion | 160 |  |  | 656 |  |  | 560 |
Decrease (increase) in other assets | 3,381 |  |  | (1,069 | ) |  | (556 | )
(Decrease) increase in other liabilities | (171 | ) |  | (2,291 | ) |  | 564 |
Net cash provided by operating activities | 46,671 |  |  | 23,514 |  |  | 24,721 |
Investing activities |  |  |  |  |
Purchases of securities held to maturity and available for sale | — |  |  | — |  |  | (1,380 | )
Sales and maturities of securities held to maturity and available for sale | 1,052 |  |  | 1,555 |  |  | 6,101 |
Investment in subsidiaries | — |  |  | (25,000 | ) |  | (75,000 | )
Net cash (paid) received in acquisition | (34,836 | ) |  | 4,834 |  |  | — |
Other investing activities | 423 |  |  | (54 | ) |  | — |
Net cash used in investing activities | (33,361 | ) |  | (18,665 | ) |  | (70,279 | )
Financing activities |  |  |  |  |
Cash paid for dividends | (43,614 | ) |  | (34,416 | ) |  | (29,734 | )
Cash received on exercise of stock-based compensation | 201 |  |  | 173 |  |  | 415 |
Excess tax benefits from exercise of stock options | — |  |  | — |  |  | 2,771 |
Repurchase of shares in connection with stock repurchase program | (7,062 | ) |  | — |  |  | — |
Repayment of long-term debt | — |  |  | (10,310 | ) |  | — |
Proceeds from issuance of long-term debt | — |  |  | — |  |  | 98,127 |
Proceeds from equity offering | — |  |  | — |  |  | 84,105 |
Other financing activities | (93 | ) |  | 310 |  |  | — |
Net cash (used in) provided by financing activities | (50,568 | ) |  | (44,243 | ) |  | 155,684 |
(Decrease) increase in cash and cash equivalents | (37,258 | ) |  | (39,394 | ) |  | 110,126 |
Cash and cash equivalents at beginning of year | 81,839 |  |  | 121,233 |  |  | 11,107 |
Cash and cash equivalents at end of year | $ | 44,581 |  |  | $ | 81,839 |  |  | $ | 121,233 |

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